tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Playboy Faces Nasdaq Board Independence Compliance Challenge

Story Highlights
Playboy Faces Nasdaq Board Independence Compliance Challenge

Claim 70% Off TipRanks This Holiday Season

Playboy ( (PLBY) ) has provided an update.

On December 15, 2025, Playboy, Inc. director Natalia Premovic resigned from the company’s board effective immediately, citing personal reasons and no disagreements over the company’s operations, policies or practices. Her departure left the board with three independent directors, three non-independent directors and one vacant seat, leading to temporary noncompliance with Nasdaq Listing Rule 5605(b) on December 16, 2025 because the board no longer had a majority of independent directors; Nasdaq formally notified the company of this deficiency on December 18, 2025. Playboy plans to use the available cure period, which runs until its 2026 annual meeting of stockholders, to appoint a new independent director to fill the vacancy, and emphasized that all board committees remain fully independent and that the Nasdaq deficiency notice does not immediately affect the listing or trading of its PLBY shares.

The most recent analyst rating on (PLBY) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on Playboy stock, see the PLBY Stock Forecast page.

Spark’s Take on PLBY Stock

According to Spark, TipRanks’ AI Analyst, PLBY is a Neutral.

PLBY Group’s overall stock score is primarily impacted by its financial performance challenges, including negative margins and high leverage. However, positive momentum in technical indicators and a cautiously optimistic outlook from the earnings call provide some support. The lack of dividend yield and negative P/E ratio weigh on the valuation score.

To see Spark’s full report on PLBY stock, click here.

More about Playboy

Playboy, Inc. operates in the media and lifestyle industry, leveraging the Playboy brand across entertainment, publishing and related consumer products, with its common stock listed on the Nasdaq Stock Market under the symbol “PLBY.”

Average Trading Volume: 674,356

Technical Sentiment Signal: Buy

Current Market Cap: $188.6M

Find detailed analytics on PLBY stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1